Notwithstanding any other provision of law, not later than 30 days after the close of each calendar quarter, the Secretary shall publish in the Federal Register the name of each individual losing United States citizenship (within the meaning of section 877 (a) or 877A) with respect to whom the Secretary receives information under the preceding sentence during such quarter.
If you, I, or any other U.S. person abroad fails to report some information to the U.S. government under Chapter 61, Subchapter A, Part II, Subpart A of the Internal Revenue Code (like § 6038D, the law authorising Form 8938), we might have to pay the U.S. government tens of thousands of dollars of fines, regardless of the actual underlying tax deficiency. If the U.S. government fails to report some information to us under the exact same Subpart, we get zip.
So don’t get too excited when you hear that today’s Federal Register is missing something; after all, it’s only the ninth time in sixteen quarters that Timothy Franz Geithner has violated this single provision of the law of the land — not to mention any others he also broke — and there’s no money in it for us anyway. This is how the law works in the Freest and Most Democratic Nation on Earth.